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What Alborz Subway Project Looks Like

EghtesadOnline: More than a decade after the subway construction plan in Alborz Province was announced, municipal bodies have stopped promising ambitious dates for its conclusion.
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Publish Date: 05/February/2019 | 15:16

Ambivalence Surrounds INSTEX for Iranian Businesses

EghtesadOnline: Europe unveiled its long-awaited mechanism for facilitating trade with Iran by circumventing US global financial dominance on Thursday and the move received a mixed response in Tehran’s commercial corridors.
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Publish Date: 05/February/2019 | 15:14

Iran: Defense Ministry Signs €140m Deal to Build 44 Vessels

EghtesadOnline: A memorandum of understanding for the construction of 44 vessels worth €140 million was signed by Minister of Defense and Armed Forces Logistics Amir Hatami and Roads and Urban Development Minister Mohammad Eslami on Sunday.
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Publish Date: 04/February/2019 | 15:26

Iran to Launch Satellite Dousti Soon

EghtesadOnline: Iran is set to launch satellite ‘Dousti’ into space in the coming weeks, the ICT minister told a conference in Tehran on occasion of National Space Technology Day.
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Publish Date: 04/February/2019 | 15:22

Modular Refining Units to Help Raise Iran's South Azadegan Oil Output

EghtesadOnline: To raise crude output in shared reservoirs with Iraq, Iran's Petroleum Engineering and Development Company is installing skid-mounted modular mini refining units in South Azadegan Oilfield in Khuzestan Province, managing director of the firm said.
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Publish Date: 04/February/2019 | 15:16

Bushehr Takes Bigger Non-Oil Export Share

EghtesadOnline: About 16.56 million tons of non-oil commodities worth $9.07 billion were exported from the southern Bushehr Province during the 10 months to Jan. 20, registering a 46% growth in value, while remaining unchanged in tonnage compared with last year’s corresponding period.
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Publish Date: 04/February/2019 | 15:13

Iran Attracts $5b Foreign Finance in 2017-18

EghtesadOnline: Iran attracted $5.02 billion in direct foreign finance in the previous fiscal (March 2017-18), the Plan and Budget Organization said in a report.
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Publish Date: 04/February/2019 | 15:08

Iran’s Economic Freedom Index Improves

EghtesadOnline: The Washington DC-based think tank, Heritage Foundation, released their annual Index of Economic Freedom for 2019 on Wednesday, which shows Iran gaining a higher score compared with the year before.
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Publish Date: 03/February/2019 | 14:36

24% Rise in Revenues of Iran’s Top 100 Companies

EghtesadOnline: The total operating revenues of Iran’s top 100 companies, based on their financial statements for the fiscal year that ended on March 20, 2018, stood at 5,670 trillion rials ($47.25 billion) to register a 24% increase compared with the year before.
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Publish Date: 03/February/2019 | 14:34

Chery Unveils Arizzo 6 in Tehran

EghtesadOnline: Despite the new US sanctions and economic challenges Iran is facing, Chinese carmaker Chery, is not only sustaining ties with the country but has also launched a new model in the fledgling auto market.
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Publish Date: 03/February/2019 | 14:31

Iranian Lawmakers Adopt Wait-and-See Approach Toward INSTEX

EghtesadOnline: The European Union's newly-created special purpose vehicle aimed at facilitating legitimate trade with Iran needs time to prove effective in rescuing Iran's troubled economy under harsh American sanctions, Iranian parliamentarians said.
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Publish Date: 03/February/2019 | 14:29

Gold, Forex Settle Lower in Tehran Market

EghtesadOnline: Foreign exchange rates and gold dropped in Iran as markets reopened on Saturday in an expected response to a move by European powers on Thursday to launch a special payment channel for Iran.
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Publish Date: 03/February/2019 | 14:26

Iran Trade With Armenia Up 36%

EghtesadOnline: Iran traded 446,305 tons of non-oil commodities worth $146.99 million with Armenia during the first nine months of the current fiscal year (March 21-Dec. 21), registering a 92.91% and 36.69% growth in tonnage and value respectively compared with last year's corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.
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Publish Date: 03/February/2019 | 14:21

IAEA Slams US, Israel Meddling on Iran

EghtesadOnline: At a private reception for diplomats on Wednesday, the UN nuclear chief strongly criticized efforts to hamstring his organization that has been at the forefront of nuclear security and verification of Tehran’s compliance with the international nuclear deal, according to two foreign officials present there.
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Publish Date: 03/February/2019 | 14:17

Provincial Urban Planners Review Tehran Smart City Projects

EghtesadOnline: Urban planners and managers from Fars, East Azarbaijan, Qom, Isfahan, and Khorasan Razavi provinces were in Tehran on Thursday and reviewed projects that seek to transform the capital into a smart city.
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Publish Date: 03/February/2019 | 14:12

Iran Fara Bourse ROI 76% in 10 Months

EghtesadOnline: In the trading week to January 30, the main index of Iran Fara Bourse (an over-the counter market for securities and other financial instrument in Tehran) IFX, registered 76% return on investment since the beginning of the current fiscal last March.
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Publish Date: 02/February/2019 | 15:22

How Iran's Steel Exporters Will Weather Sanctions Storm?

EghtesadOnline: The new round of US sanctions against Iran is being felt across the entire spectrum of Iran's economic sectors. One such sector is the strategic steel industry, which is currently dealing with the threat of losing its export markets—a crucial avenue through which Iran's aggressive expansion plans are being pursued.
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Publish Date: 02/February/2019 | 15:20

Afghan Minister Explores Expansion of ICT Relations with Iran

EghtesadOnline: Afghan ICT Minister Shahzad gul Aryobi visited Tehran earlier in the week and discussed with his Iranian counterpart Mohammad Javad Azari Jahromi ways to expand ties in information and communication technologies.
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Publish Date: 02/February/2019 | 15:18

Nourbakhsh Banking Innovation Awards Presented

EghtesadOnline: The Nourbakhsh Award ceremony was held Wednesday on the sidelines of the Eighth Conference on Electronic Banking and Payment Systems organized by the Monetary and Banking Research Institute.
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Publish Date: 02/February/2019 | 15:16